ACCOUNTABILITY | FINANCIAL STATEMENTS 233 NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 January 2024 6. REVENUE (CONTINUED) (a) Disaggregation of revenue from contracts with customers (continued) The Group derives revenue from the transfer of goods and services over time in the following business segments: (continued) Offshore Production and Offshore Marine Renewables RM million Total RM million EPCIC RM million FPSO Operations RM million Total RM million Group 2023 EPCIC of FPSO vessels 4,558 - 4,558 - 4,558 FPSO support services fees - 594 594 - 594 Sale of electricity - - - 73 73 4,558 594 5,152 73 5,225 Timing of revenue recognition - Over time 4,558 594 5,152 73 5,225 Refer to Note 42 for disaggregation of revenue by geographical location of the Group’s operations. Company 2024 RM million 2023 RM million Management fee income 47 24 The Company recognises revenue from contracts with customers over time.
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